The layoffs and cost-cutting that Intel Corp. executives recently warned about have begun in California, with a couple of hundred employees set to lose their jobs next month, and manufacturing employe...
Tag: Intel Corp
Zscaler, Marvell, DoorDash and more
Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Source: Nasdaq Check out the companies making headlines in midday trading. Zscaler – The cloud security company’...
Disney, Carvana, Diamondback Energy and more
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California. Bloomberg | Bloomberg | Getty Images Check out the companies making head...
Intel Shares Cross 5% Yield Mark
In trading on Friday, shares of Intel were yielding above the 5% mark based on its quarterly dividend (annualized to $1.46), with the stock changing hands as low as $28.87 on the day. Dividends are pa...
Walgreens, Intel, US Bancorp and more
Check out the companies making headlines before the bell: Walgreens (WBA) – The pharmacy chain operator’s stock added 1.5% in the premarket after Deutsche Bank upgraded the stock to buy from hol...
With the Dow outperforming, here’s how investors can harness the index
Photo taken on March 1, 2022 shows monitors displaying stock market information at the New York Stock Exchange in New York, the United States. U.S. stocks fell sharply on Tuesday as investors nervousl...
Apple, Amazon, Intel and more
Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday tr...
Exxon Mobil, Chevron, Amazon and others
Check out the companies making headlines before the bell: Exxon Mobil (XOM) – Exxon Mobil added 2.2% in premarket trading after record profits exceeded analyst forecasts. Higher natural gas prices and...
Amazon, Apple, Pinterest, Intel and more
Amazon.com delivery trucks in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Amazon —...
Intel Stock Gains as Guidance Disappoints. Layoffs Are Coming.
Intel plans significant cost cuts , including a “meaningful number” of layoffs, its CFO said as the chip maker detailed its financial results and forecast revenue that was much lower than Wall Street ...
Jim Cramer says to wait before pulling the trigger on Mobileye
CNBC’s Jim Cramer on Wednesday advised investors not to buy shares of Mobileye just yet. “The stock’s going to have a tough time once people realize the Fed’s war on inflation ...
Dow jumps almost 750 points as stocks end higher, bond yields fall after reports Fed may shift to smaller rate hikes after November
U.S. stocks closed sharply higher Friday as investors weighed a story from the Wall Street Journal and comments from Federal Reserve officials suggesting that the central bank might shift to smaller i...
Intel’s Mobileye Is Set To Spin Off At An Incredible Discount
Summary It’s a terrible time for an IPO, but IntelINTC is still planning to offer one. Mobileye will hit the markets at around the same price Intel paid for it five years ago, despite a revenue ...
Intel reportedly to start ‘targeted’ layoffs in November
Intel Corp. is planning on announcing “targeted” layoffs in November, according to a report late Thursday, citing an internal video shared with employees. After the close of markets Thursday, The Oreg...
Johnson & Johnson, Goldman Sachs, fuboTV and more
Here are the companies making headlines before the bell: Johnson & Johnson (JNJ) – Johnson & Johnson shares rose 1.4% in the premarket after beating top and bottom line estimates for the third...
Jim Cramer says to avoid stocks in the ‘house of pain’ Nasdaq 100 index
CNBC’s Jim Cramer on Wednesday warned investors to avoid the stocks in the Nasdaq 100 and highlighted the worst-performing stocks during the third quarter. “These seven biggest losers from...
PepsiCo, Intel, Philips and more
Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly profit of $1.97 per share, 13 cents above estimates, with revenue ...
Intel reportedly plans to lay off thousands of workers, with details potentially emerging alongside quarterly earnings
Intel Corp. may fire thousands of workers by the end of the month, around the same time the chip manufacturer reports quarterly results amid a tough year for semiconductor makers, according to a repor...
Nvidia closes Russian offices, will fly relocating employees out of the country, report says
Chipmaker Nvidia is ending its activities in Russia, and is giving its employees in the country the opportunity to relocate. In a statement, Nvidia Corp. NVDA, +5.23% confirmed that it is ceasing all ...
Micron Plans to Build Largest U.S. Chip Plant Ever
Micron Technology plans to invest billions of dollars to build a huge new chip manufacturing plant. The company says the so-called megafab will be the largest semiconductor factory ever built in the U...
PC Demand Is Tanking. What It Means for Nvidia, AMD and Intel Stock.
Susquehanna is getting more pessimistic about the outlook for PC sales. On Thursday, semiconductor analyst Christopher Rolland reduced his price targets for Nvidia (ticker: NVDA ) stock to $180 from $...
Apple, AMD confirm they’re among TSMC’s first Arizona customers, while Intel preps for return to cutting edge in 2023
Apple Inc. Chief Executive Tim Cook confirmed at an event Tuesday that the tech giant will be one of Taiwan Semiconductor Manufacturing Co.’s first Arizona fab customers, while Intel Corp. hopes to jo...